Determinants of International Tourism

Determinants of International Tourism

Author: Mr.Alexander Culiuc

Publisher: International Monetary Fund

Published: 2014-05-12

Total Pages: 46

ISBN-13: 1484383133

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The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the destination country’s real exchange rate, along both extensive (tourist arrivals) and intensive (duration of stay) margins. OECD countries generally exhibit higher elasticties with respect to economic variables (GDPs of the two economies, real exchange rate, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the country’s real exchange rate, but more susceptible to the introduction/removal of direct flights.


International Tourism

International Tourism

Author: François Vellas

Publisher: Palgrave Macmillan

Published: 1995

Total Pages: 359

ISBN-13: 9780312127237

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This new book for international tourism students analyses the characteristics of the international tourism market and the tourism development policies pursued by industrialised and developing countries. International Tourism applies theories of international trade to the international tourism sector, and analyses the fundamental aspects of international tourism demand and supply, focusing on a number of fascinating developments. The book also includes statistics, market trends and forecasts. It has a great number of international cases and should be a useful tool for any student of tourism.


Planning and Managing the Experience Economy in Tourism

Planning and Managing the Experience Economy in Tourism

Author: Augusto Costa, Rui

Publisher: IGI Global

Published: 2021-12-03

Total Pages: 407

ISBN-13: 1799887774

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Tourism is facing a new paradigm that has been brought on by the introduction of experiences in the development, management, and promotion of tourism. Associating experiences to tourism destination and products allows tourists to relate to their vacations differently and helps to fuel a destination’s competitiveness and compliance with new needs and motivations that are being driven by the tourists. When properly design, managed, and developed, tourism experiences can contribute to the destination’s overall sustainability by maximining tourism’s positive impacts and fostering their spillover to local communities. Planning and Managing the Experience Economy in Tourism is an essential reference book that seeks to advance research on tourism experience as well as investigate how tourism experiences can create and increase tourism competitiveness. The book explores how the experience concept has evolved in the last decade, alongside the needs and motivations of consumers, and how it can be conceptualized, designed, managed, and implemented both at the tourism firm and destination levels. Delving further into concepts like creative tourism, destination attributes, and smart experiences, this book serves as a dynamic resource for travel agencies, tourism managers, tourism professionals, marketers, destination managers, government officials, policymakers, academicians, students, tourism officials, planners, and researchers.


Tourism in Central Asia

Tourism in Central Asia

Author: Kemal Kantarci

Publisher: CRC Press

Published: 2014-09-05

Total Pages: 398

ISBN-13: 1771880554

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This book will be a major resource for all academic researchers and practitioners interested in issues dealing with the development of tourism, its potential and challenges, and policy and regulatory issues in the Central Asian countries of Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, and Tajikistan. These countries are gaining more attention as emerging destinations. There is limited research that focuses on these countries with respect to their potential and characteristics as tourism destinations. This book aims to be an invaluable source for both practitioners and academicians who are in international marketing and tourism. The central Asia region (also termed the Silk Road region) as an emerging destination is ripe for future tourism development. The region is rich with historical, cultural, and natural beauty that could provide significant utility to many potential visitors. This book brings together key writings on this topic in a single resource.


International Tourism

International Tourism

Author: Yvette Reisinger, PhD

Publisher: Routledge

Published: 2010-08-27

Total Pages: 440

ISBN-13: 1136438882

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In recent years there has been a considerable interest in the cultural aspects of tourism such as the impacts of culture on tourism planning, development, management, and marketing. However, the focus has been on material forms of culture such as arts, music, or crafts. The impacts of national culture on tourist behavior and travel decision-making have not been paid much attention. Only in the last two years have cross-cultural issues begun to generate significant interest among academics. An examination of cultural characteristics and differences is extremely important to the tourism industry because today’s tourism environment is becoming increasingly international. Information on the nature of the cultural differences between international tourists and locals is not readily available in tourism literature. The concept of culture is very complex and includes such abstract concepts as satisfaction, attitude and loyalty. International Tourism brings these concepts to the undergraduate student in tourism, as well as students in the related fields of marketing, management, international business, and cross-cultural communication. Designed as a textbook, it isorganized and presented in an integrated and relevant way for the benefit of a worldwide audience.


Medical Tourism in Germany

Medical Tourism in Germany

Author: Klaus Schmerler

Publisher: Springer

Published: 2018-12-28

Total Pages: 262

ISBN-13: 3030039889

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This book examines the drivers of inbound medical tourism in Germany. In light of growing international trade of medical services, it provides a quantitative analysis of the determinants of international patients’ choice of destination. It develops coherent definitions of medical tourism and medical travel, and presents multiple unique data sets to identify inbound medical travelers in Germany. Further, it introduces an empirical modeling framework for investigating and quantifying the drivers and effects of a patient's choice of destination at the national, hospital and individual level. A particular focus of the analysis lies on cultural proximity and personal networks as key channels to convey trust in a destination’s service. In addition, real consideration sets of international patients are presented. The findings presented are embedded in a global context and will help inform future empirical investigations and modeling.


Tourism Demand Modelling and Forecasting

Tourism Demand Modelling and Forecasting

Author: Haiyan Song

Publisher: Routledge

Published: 2000

Total Pages: 183

ISBN-13: 0080436730

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A textbook for a graduate or final-year undergraduate course in tourism studies that might also find interest among researchers and practitioners who want to apply recent developments in econometric modeling and forecasting to tourism demand analysis. Song and Witt (both management in the service sector, U. of Surrey, Britain) begin with the fundamentals of tourism demand analysis, and the problems of traditional modeling and forecasting. Then they explore the general- to-specific approach, the time-varying parameter model, and the panel- data approach. Annotation copyrighted by Book News, Inc., Portland, OR


International Tourism Futures

International Tourism Futures

Author: Clare Lade

Publisher: Goodfellow Publishers Ltd

Published: 2020-10-19

Total Pages: 237

ISBN-13: 1911635247

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Examines influential factors such as the demographic, political, economic and technological changes, which will affect the nature, trends and participation in tourism, hospitality and events. It discusses contemporary concepts associated with the tourism, hospitality and event sector, generating plausible ideas and identifying future trends.


Seasonality in Tourism

Seasonality in Tourism

Author: Tom Baum

Publisher: Routledge

Published: 2001-12-07

Total Pages: 202

ISBN-13: 1136367071

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Seasonal variation in demand is a reality for most tourism destinations. This work provides a balanced overview of the evidence and issues relating to tourism seasonality using European, North American and Pacific Rim cases and research evidence.